Blockchain Mining Load Modulation for Variable Well Gas Power
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Solution Overview
Problem
Excess natural gas produced at remote oil and gas facilities is often vented to the atmosphere or burned via flaring, leading to environmental harm and lack of economic utility, as infrastructure for pipeline connection or power grid integration is often not feasible.
Innovation Solution
A system and method that utilizes combustible gas from oil or gas wells to power a blockchain mining device, incorporating a generator connected to the gas source and a controller to modulate power load based on gas availability, minimizing venting and flaring by redirecting gas to a blockchain mining apparatus.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Loss of energy
If excess natural gas is vented to atmosphere or burned via flaring, then environmental harm is caused and economic utility is lost, but infrastructure for pipeline connection or power grid integration is not feasible
Solution Approach 1:
The patent converts the harmful waste product (excess natural gas that would be vented or flared) into a beneficial resource by using it to fuel a generator that produces electricity for blockchain mining. This transforms an environmental problem into an economic opportunity, allowing the facility to monetize previously wasted gas while reducing environmental harm.
Solution Approach 2:
The system enables the remote oil and gas facility to serve its own energy needs by generating electricity locally from its excess gas production. The generator powers the blockchain mining device on-site, eliminating the need for external power grid connection and creating a self-sufficient energy ecosystem at the remote location.
2Productivity
If a generator is connected to the gas source to produce electricity, then economic utility is generated through blockchain mining, but gas availability must be continuously managed
Solution Approach 1:
The system dynamically adjusts the blockchain mining operation based on real-time gas availability. The controller monitors gas flow and automatically modulates the mining device's power consumption to match the variable gas supply from the oil well, ensuring continuous operation without interruption despite fluctuating production rates.
Solution Approach 2:
The system incorporates feedback control where the controller continuously monitors gas availability from the well and adjusts the generator and mining device operation accordingly. This closed-loop control ensures that the mining operation reliably adapts to changing gas supply conditions, maintaining continuous productivity.
Applied Scientific Principles
This section explains which scientific principles are used to turn an abstract innovation direction into a practical engineering solution.
Function Achieved in This Case
Reduces environmental impact by utilizing excess gas to power blockchain mining, providing an economically viable option that generates revenue through mining rewards while minimizing gas waste.
Implementation Method 1
a generator connected to the source of combustible gas
Implementation Method 2
A combustion engine is connected to the source of combustible gas and connected to drive the generator
Data Source
AI summary
Methods and systems of operating a blockchain mining device using natural gas produced at a hydrocarbon production, storage, or processing site/facility. A generator may be retrofitted to an existing prime mover used to pump the well, and the generator may be used to power the blockchain mining device. Portable mining devices may be hooked up to a casinghead gas supply at a remote, isolated oil facility. Power loading levels may be modulated by adjusting mining transaction levels to correspond with combustible gas production levels.